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Which of the following actions will increase bank lending? Instructions: You may select more than one answer. Click the box with a check mark for
Which of the following actions will increase bank lending? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. ? The chartered banks raise the desired reserve ratio from 10 to 11 percent ? The Bank of Canada buys $400 million worth of bonds from chartered banks. ? The Bank of Canada lowers the bank rate from 4 to 2 percent. ? The Bank of Canada raises the bank rate from 5 to 6 percent
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